The Red Mountain Gold Project is located 390km northwest of Brisbane in central Queensland, nestled between two existing operational mines at Cracow (Aeris Resources) and Mt Rawdon (Evolution Mining).

Red Mountain is interpreted as a vertically continuous, gold mineralised, intrusion related breccia pipe. Shallow exploration drilling to date has intersected high grade gold assays along the north-western flank of the breccia pipe including:

• 13m @ 8.0 g/t Au from surface in ZRMRC001, including 6m @ 16.7 g/t Au
• 15m @ 3.5 g/t Au from 57m in ZRMRC019, including 2m @ 22.4 g/t Au
• 12m @ 4.9 g/t Au from 102m in ZRMRC021, including 6m @ 9.4 g/t
• 5m @ 10.4 g/t Au from 67m in ZRMRC023 including 1m @ 49.9 g/t Au

True widths remain unknown at this stage of exploration. Deeper RC and diamond drill testing is planned for 2023 to test the breccia pipe down to 400m below surface ahead of resource modelling later in the year.